Choosing the right shopping credit card can make a significant difference when it comes to getting the most out of your shopping. From cashback on purchases to exclusive discounts and additional perks, these credit cards cater to the diverse needs of consumers. Shopping credit cards offer numerous deals, discounts, cashback, and reward points to users every time they shop at stores or online. To help you find the best offline shopping credit card, we have listed the top 5 shopping credit cards in India for 2024.
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Compare Best Shopping Credit Cards for June 2024
HDFC Regalia Gold Credit Card
Joining fee: ₹2500
Annual/Renewal Fee: ₹2500
5X reward points on Nykaa, Myntra, Marks & Spencer and Reliance Digital
4 reward points per Rs. 150 across all retail spends
Product Details
- Complimentary Club Vistara Silver & MMT Black Elite Memberships
- Gift voucher worth Rs. 2,500 on the payment of joining fee
- Up to 6 complimentary international lounge visits per year using Priority Pass Membership
- Marks & Spencer, Reliance Digital, Myntra or Marriott vouchers worth Rs. 1,500 on spending Rs. 1.5 Lakh in a quarter
- Flight vouchers worth Rs. 5,000 on annual spends of Rs. 5 Lakh
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Axis Bank SELECT Credit Card
Joining fee: ₹3000
Annual/Renewal Fee: ₹3000
2X EDGE Reward Points acrosss all retail transactions
10,000 EDGE Reward Points worth Rs. 2,000 as welcome benefit
Product Details
- 10 EDGE Reward Points on every Rs. 200 spent
- Flat Rs. 500 off per month on BigBasket on minimum spend of Rs. 3,000
- Rs. 200 off on Swiggy, twice a month, on minimum spend of Rs. 1,000
- Up to 12 complimentary international lounge visits in a year
- Up to 12 complimentary golf rounds in a year
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SBI Prime Credit Card
Joining fee: ₹2999
Annual/Renewal Fee: ₹2999
5X reward points on dining, groceries, departmental stores, and movies
2 reward points per Rs. 100 on all retail purchases
Product Details
- Complimentary Trident Privilege Red Tier and Club Vistara Silver Memberships for exclusive benefits
- E-gift vouchers worth Rs. 3,000 of popular brands, such as Yatra, Pantaloons, etc., as welcome benefits
- Pizza-hut gift voucher worth Rs. 1,000 on quarterly spend of Rs. 50,000
- Yatra/ Pantaloons gift voucher worth Rs. 7,000 on spending Rs. 5 Lakh in a year
- 4 complimentary international lounge visits in a year
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Axis Bank ACE Credit Card
Joining fee: ₹499
Annual/Renewal Fee: ₹499
5% cashback on utility bill payments and recharges via Google Pay
4% cashback on Swiggy, Zomato and Ola
Product Details
- 1.5% cashback on other offline & online spends
- 4 domestic lounge access per year on spending Rs. 50,000 or more in the previous quarter
- 1% fuel surcharge waiver across all fuel stations on transactions between Rs. 400 to Rs. 4,000
- Annual fee waiver on spending Rs. 2 Lakh in a year
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IDFC FIRST Select Credit Card
Joining fee: ₹0
Annual/Renewal Fee: ₹0
10X reward points on incremental spends greater than Rs. 20,000 in a billing cycle
3X reward points on purchases of up to Rs. 20,000 in a month
Product Details
- 1 reward point per Rs. 150 on utility, insurance and other offline spends
- Gift vouchers worth Rs. 500 on spending Rs. 5,000 within 30 days of card setup
- 5% cashback on first EMI transaction done within 90 days of card setup
- 2 complimentary domestic airport lounge access in a quarter on spending Rs. 20,000 in a month
- Buy 1 Get 1 offer on movie tickets, twice a month on Paytm mobile app
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Best Credit Cards for Shopping in India 2024
Below are some of the best shopping credit cards in India that offer accelerated benefits on offline or retail spends, along with benefits across other categories. Individuals should analyze their spending habits and compare multiple options in order to choose the credit card that best suits their lifestyle.
1. HDFC Regalia Gold Credit CardÂ
Joining Fee: Rs. 2,500 | Annual Fee: Rs. 2,500
HDFC Regalia Gold Credit Card is an upgraded version of HDFC Regalia Credit Card. It is an all-rounder credit card offering benefits across multiple categories and a good reward earning rate of 2.66% across retail spends. Individuals who frequently shop can make the most out of this card by putting their daily expenses on it. Cardholders can avail reward points across all retail spends as well as some of the most overlooked categories like utilities, insurance, and education.
Key Features and Benefits:
- 4 reward points per Rs. 150 across all retail spends, including insurance, utilities and education
- 20 reward points for every Rs. 150 spent at Nykaa, Myntra, Marks & Spencer and Reliance Digital
- Complimentary Club Vistara Silver Membership, MMT Black Elite Membership & gift voucher worth Rs. 2,500 on the payment of joining fee
- Up to 6 complimentary international lounge visits per year using Priority Pass Membership*
- 12 complimentary domestic lounge visits in a year
- Vouchers from Marks and Spencer, Reliance Digital, Myntra or Marriott worth Rs. 1,500 on quarterly spends of Rs. 1.5 Lakh
- Flight vouchers worth Rs. 5,000 on spending Rs. 5 Lakh in a year
- Additional Rs. 5,000 flight voucher on reaching total annual spends of Rs. 7.5 Lakh
*Cardholders can avail complimentary Priority Pass Membership on completing 4 retail transactions on the card.
| HDFC Regalia Gold Credit Card is an all-rounder credit card with a good reward rate, free memberships on activation, complimentary lounge access, and much more. Cardholders can earn a reward rate of 2.66% across all retail spends and 13.33% on select brands. However, one of the noticeable features is that cardholders can earn reward points on mostly overlooked categories, such as utilities, insurance, and education. While the reward rate of Regalia and Regalia Gold is the same, Regalia Gold allows access to an exclusive Gold catalogue with premium brands for reward redemption. Besides shopping, this card also holds good value for frequent travellers by offering complimentary lounge access, the redemption of reward points against air miles, and complimentary MMT & CV memberships. |
2. Axis Bank SELECT Credit Card
Joining Fee: Rs. 3,000 (Nil for Burgundy clients) | Annual Fee: Rs. 3,000 (Nil for Burgundy clients)
Axis Bank SELECT Credit Card offers savings across multiple categories, including online & offline shopping, groceries, movies, and much more. Cardholders can earn accelerated reward points on retail spends along with discount on select brands. Besides offline shopping, cardholders can also save on two major categories, i.e., dining and groceries, by availing discount on Swiggy and BigBasket. Here are some of the key features of this one of the best credit cards for offline shopping:
Key Features and Benefits:
- 2X (20) EDGE Reward Points per Rs. 200 spent on retail transactions
- 10 EDGE Reward Points on every Rs. 200 spent on other categories
- Flat Rs. 500 discount per month on BigBasket on a minimum transaction value of Rs. 3,000
- Rs. 200 off, twice a month on Swiggy on a minimum transaction of Rs. 1,000
- Complimentary Priority Pass Membership in the 1st year on making first transaction within 30 days of card issuance
- 6 complimentary international lounge access per year and additional 6 international lounge visits per year on spending at least Rs. 3 Lakh in a year
- 2 complimentary domestic lounge visits per quarter on spending Rs. 50,000 in the previous quarter
- 10,000 EDGE Reward Points worth Rs. 2,000 on the first transaction made within 30 days from the date of card issuance
- 5,000 EDGE Reward Points on spending Rs. 3 Lakh in a year
- 6 complimentary golf rounds per year and additional 6 visits on spending Rs. 3 Lakh annually
| Axis Bank SELECT Credit Card stands out among other similar cards by offering 2X (20 points per Rs. 200) on offline shopping. Typically, credit cards offer a base reward rate on offline shopping; hence, offering accelerated rewards on offline spends makes it a suitable option for people who put high spends on their credit cards and prefer to shop offline. However, the card lacks when it comes to reward redemption, with a value of 1 RP = Re. 0.20, which is very low considering cards like HDFC Regalia or SBI Prime offer better redemption value at a similar annual fee. Overall, the card can be a decent option for offline shopping with a reward earning rate of 10% on retail spends, higher than the other premium Axis Bank credit cards, like Magnus. At an annual fee of Rs. 3,000, the card covers much ground and could be a decent option for people looking for an all-rounder credit card, primarily focused on offline shopping. |
3. SBI Prime Credit Card
Joining Fee: Rs. 2,999 | Annual Fee: Rs. 2,999
SBI Prime Credit Card is a lifestyle credit card that offers benefits similar to SBI Elite Credit Card. The card offers accelerated reward points on select retail spends, such as groceries and departmental stores, and base reward points on other retail spends. Complimentary memberships, lounge access benefits, and complimentary vouchers enhance the overall value of this card. Below mentioned are some of the key features and benefits of one of the best shopping credit cards in India.
Key Features and Benefits:
- 10 reward points for every Rs. 100 spent on dining, groceries, departmental stores, and movies
- 2 reward points for every Rs. 100 spent on all other retail purchases, except for fuel
- 20 reward points for every Rs. 100 spent on birthday
- E-gift vouchers worth Rs. 3,000 of top brands as welcome benefits
- Pizza-hut gift voucher worth Rs. 1,000 on spending Rs. 50,000 in a quarter
- Yatra/ Pantaloons gift voucher worth Rs. 7,000 on achieving annual spends of Rs. 5 Lakh
- Complimentary Trident Privilege Red Tier and Club Vistara Silver Memberships
- 4 complimentary international lounge visits per calendar year
- 8 complimentary domestic lounge visits per calendar year
| SBI Prime Credit Card is an all-rounder credit card offering benefits across multiple categories, such as retail shopping, travel, dining, groceries, and much more. The card offers an accelerated reward earning rate of 10% (10 per Rs. 100) on dining, groceries, and departmental store purchases and a base reward earning rate of 2% (2 points per Rs. 100) across all retail spends. While the reward earning rate offered on this card is satisfactory, the low redemption value of 1 RP = Re. 0.25 might make it difficult for individuals to maximize benefits out of this card. Also, just like the Elite Credit Card, this card offers complimentary hotel memberships and milestone benefits, enhancing the overall value of this card. Apart from offline shopping, complimentary hotel memberships, lounge access benefits, and travel vouchers make it a suitable option for people looking for an all-rounder credit card offering benefits on retail shopping. |
4. Axis Bank ACE Credit Card
Joining Fee: Rs. 499 | Annual Fee: Rs. 499
Axis Bank ACE Credit Card is one of the best cashback credit cards, offering a flat cashback of 2% across all transactions. Cardholders can earn direct cashback on their spends which gets credited into their credit card account. The card offers a base cashback of 1.5% across all retail spends and up to 5% on utility payments. This credit card can be a good option for people looking for a high-value back credit card at a low annual fee. Below listed are some of the major features of one of the best shopping credit cards.
Key Features and Benefits:
- 1.5% cashback on all offline & online spends
- 4% cashback on spends at Swiggy, Zomato and Ola
- 5% cashback on utility bill payments, DTH and mobile recharges via Google Pay
- 4 domestic lounge visits in a year on spending min. Rs. 50,000 during the previous 3 months
- 1% fuel surcharge waiver (Max. Rs. 500) across all fuel stations on transactions between Rs. 400 to Rs. 4,000
| Axis Bank ACE Credit Card is primarily a cashback credit card designed to offer value on everyday expenses, such as utility payments, groceries, dining, and much more. However, a cashback rate of 1.5% across all offline spends makes it a reasonable choice for individuals wanting to earn decent value back on retail spends. Where most entry-level or even premium credit cards limit their benefits, this credit card has no maximum capping on cashback earning, making it a suitable option for day-to-day expenses. Overall, this card can be a good option for beginners and premium consumers who prefer cashback over reward points. |
5. IDFC FIRST Select Credit Card
Joining Fee: Nil | Annual Fee: Nil
IDFC FIRST Select Credit Card is a lifetime-free credit card that offers reward points even on mostly overlooked categories, such as utility or groceries. This credit card can be a good option for people seeking an all-rounder credit card but don’t want to pay any annual fee. While this card does not offer any accelerated benefits on retail shopping, cardholders can earn a base reward rate of 1 point per Rs. 150 across all offline spends.
Key Features and Benefits:
- 1X reward points on utility, insurance and other offline spends
- 3X reward points on purchases up to monthly spends of Rs. 20,000
- 10X reward points on incremental purchases greater than Rs. 20,000 per billing cycle
- 10X reward points on birthday spends
- 1X = 1 reward point for every Rs. 150 spent
- Gift vouchers worth Rs. 500 on spending Rs. 5,000 within 30 days of card setup
- 5% cashback on first EMI transaction done within 90 days of card setup
- 2 complimentary domestic airport lounge access every quarter on spending Rs. 20,000 in the previous month
- 4 complimentary railway lounge access per quarter
- Buy 1 Get 1 offer on movie tickets of up to Rs. 125 discount (twice per month) on Paytm mobile app
- Low forex markup fee of 1.99%
| IDFC FIRST Select Credit Card covers multiple categories by offering benefits on offline shopping, travel, entertainment, and more at a zero annual fee. The reward program of this card is similar to other IDFC FIRST cards- Classic, Millennia, Select, and Wealth. Cardholders who prefer to put most of their expenses on their credit cards can make the most out of it through a reward earning rate of 6.66% on monthly spends above Rs. 20,000. Besides shopping, the card holds decent value across other categories through complimentary lounge access, free movie tickets, low forex markup fee, and milestone benefits. |
How to choose the right shopping credit card?
Different people have different shopping needs. For instance, some would prefer e-commerce platforms to stores, while others would have preferences even among these online shopping websites. Your choice of the right shopping card will depend on how you plan to use the credit card. We have categorized the shopping credit cards above based on what bonus category they are best suited for.
Once you have decided why you need the card and have shortlisted a few, the next step would be a comparison of those cards on the following grounds:
- Annual Fee
- Welcome Gift/ Sign-up Bonus
- Flexibility of Benefits (Cashback/Reward redemption process)
- Final Value Back (Cashback percentage/Rewards value in Rupee)
How to make the most of your shopping credit card?
Once you have found the best shopping credit card as per your needs, the next step will be its proper usage. Here are a few tips to make the most of your card:
Use your card smartly: You opted for the card for all the benefits and value back that it offers. All of this makes sense when you use the card often and avail these benefits. Put those expenses on the card that gets you the highest benefit.
Earn what you pay in fee: Even if you don’t want to put every expense on your credit card, you should at least make enough purchases to get the annual fee that you get on the card waived off. You can do this by reaching the spending milestone for fee waiver or by making purchases that give you value back equivalent to the annual fee charged.
Keep an eye on the latest offers: Offers come and go on credit cards, and you must stay updated in order to make the most of them. Card issuers generally provide exclusive deals and discounts from time to time; hence, it is important to be aware of them to make the most out of your credit card.
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